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Enable Change in Banking.
www.baaderbank.de
Add Value for Investors.Investor Relations Presentation from Baader Bank
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July 2020
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Content
July 2020 | Add Value for Investors
1. Who we are2. How we act3. How we perform4. Why to invest
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1. Who we are
Baader Bank. The Investment Bank of the Future. A Market Leader. Financially strong. Focused on Technology.
MISSION
VISION
We are the bank for the capital market. We make it possible for our clients to access the international capital markets and invest in financial products in an effective, efficient and secure manner. In doing so, we generate added value for our customers by using the latest developments in the banking industry - for products, processes and technology.
ENABLEChange in Banking
July 2020 | Add Value for Investors
Shareholder Structure*
1. Who we are
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Baader Bank at a Glance – Key Company Facts
30,87%
0,30%
5,43%
63,40% Free FloatUto BaaderUbtrend GmbH & Co. KGBaader Beteiligungs-GmbH
*as of 31 March 2020
Key figures*
Total assets ≈ EUR 840.0mn
Market capitalisation ≈ EUR 52.3mn
Total equity ≈ EUR 108.2mn
Total equity ratio ≈ 13%
52W high / low 1.50 / 0.92 Euro
Home exchange Munich / m:access
LocationsContinental Europe Dusseldorf Frankfurt Munich (HQ) Stuttgart Zurich
North America New York
United Kingdom London
Number of Employees*Baader Bank Group 398
Baader Bank AG 368
As a family-run, full-service bank headquartered in Unterschleissheim near Munich with around 400 employees, it is active in the business lines of Market Making, Capital Markets, Multi Asset Brokerage, Asset Management Services, Banking Services and Research.
July 2020 | Add Value for Investors
1. Who we are
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Baader Bank at a Glance – Baader Bank Group
100.00%100.00% 75.00%
100.00%100.00%
Baader Helvea Ltd.London, UK
Baader Helvea Inc.New York, USA
100.00%
19.90%
Baader Bank AGUnterschleissheim, Germany
Baader Helvea AGZurich, Switzerland
Associated Companies
Strategical Investments
Financial Investments
Baader & Heins Capital Management AGUnterschleissheim, Germany
Selan Holding GmbHUnterschleissheim, Germany
Selan d.o.o.Senj, Croatia
Vjetropark Vratarusa d.o.o.Senj, Croatia
Conservative ConceptPortfolio Management AGFrankfurt/Main, Germany
AlphaValue SAParis, France
5.39%
July 2020 | Add Value for Investors
1. Who we are
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Baader Bank at a Glance – Business Lines
Baader Bank
/ Multi Asset Brokerage/ Market Making
/ Asset Management Services/ Banking Services
/ Research
/ Capital MarketsConsulting and support for equity capital markets transaction
Executing securities orders on behalf of the client
Services of assetmanagers
Services for accounts / depositassets
Company, sector and macro analysis
Quoting of financial instruments
July 2020 | Add Value for Investors
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Content
1. Who we are2. How we act3. How we perform4. Why to invest
July 2020 | Add Value for Investors
Strengthen our core business
areas
2. How we act
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Trading withhighest quality
ComprehensiveSecurity- and
Risk-management
Grow in a controlled and profitable way
Drive aheadwith
digitalization
Strategy and USP – #WeEnable Change in Banking
July 2020 | Add Value for Investors
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2. How we actStrategy and USP – Integrated business model and cross selling potential
Business volume fromClients
Order volume fromSecurities Trading
Volume fromTransactions
Volume fromAssets under Management
Other Volume from Credit Business
Trading, settlement and
bank infrastructure
+ regulatory services for third parties
The heart of the Enable-Strategy
Our efficient trading, settlement and bank infrastructure
July 2020 | Add Value for Investors
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Content
1. Who we are2. How we act3. How we perform4. Why to invest
July 2020 | Add Value for Investors
3. How we perform
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Financials – Group First Quarter Results 2020 before taxEUR‘000 31/03/202031/03/2019
July 2020 | Add Value for Investors
33010.662
Ergebnis vor Steuern
12.4459.684
3.5311.12543.362 14.651 3.211 395
Trading Profit/Loss Net Commission Income Revenues Other
3. How we perform
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Financials – Total Revenues and Results Components of Baader Bank Group EUR mn
= 24%ofIncome
= 71%ofIncome
July 2020 | Add Value for Investors
31/03/202031/03/2019
26.643
61.048
Total Revenues
26.313
50.386
Total Expenses
3. How we perform
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Financials – Expenses, Depreciation, Amortisation and Write-DownsEUR mn
July 2020 | Add Value for Investors
31/03/202031/03/2019
11.796 11.521
2.996
11.291 11.882 12.213
Personnel Expenses Other Administrative Expensesand other Operational Expenses
Depreciation
12%
14%
10% 13%
Balance Sheet Equity Ratio Supervisory Capital Ratio
3. How we perform
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Capital Ratios and Total Assets% EUR mn31/03/202031/12/2019
July 2020 | Add Value for Investors
31/03/202031/03/2019
720,4
840,0
Total Assets
4. Why to invest
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Equity Story – Add Value for Investors … with Optimisation of the Business Fundamentals
Product providers and foreign investments sold Strategic investment with AlphaValue Group restructuring completed
✓Group Structure
Equity StoryPromising optimisation of our key business principles as a basis for a significant improvement in earnings and therefore valuation potential in the share.
July 2020 | Add Value for Investors
4. Why to invest
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Equity Story – Add Value for Investors … with Optimisation of the Business Fundamentals
✓Overall banking and business unit strategies adjusted
Strategy review implemented Strategy project completed Business line strategies developed Measures in implemetation or already completed
Equity StoryPromising optimisation of our key business principles as a basis for a significant improvement in earnings and therefore valuation potential in the share.
July 2020 | Add Value for Investors
4. Why to invest
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Equity Story – Add Value for Investors … with Optimisation of the Business Fundamentals
Product providers and foreign investments sold Strategic investment with AlphaValue Group restructuring completed
✓Group Structure
Equity StoryPromising optimisation of our key business principles as a basis for a significant improvement in earnings and therefore valuation potential in the share.
July 2020 | Add Value for Investors
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Content
1. Who we are2. How we act3. How we perform4. Why to invest
July 2020 | Add Value for Investors
4. Why to invest
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Equity Story – Add Value for Investors … 4 good Reasons
We want to make sustainable increases to our earning power and further optimise our cost base and the effectiveness and efficiency of our processes. In the past, we were unable to generate satisfactory income and earnings figures. Compared with the second half of the previous year, we have so far been able to achieve a noticeable improvement. This is due to an intensive strategic and business-oriented realignment, which will benefit us immensely in the future.
Equity StoryFour good reasons for investingin Baader Bank shares.
July 2020 | Add Value for Investors
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4. Why to invest
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Equity Story – Add Value for Investors … 4 good Reasons
We are well-positioned in the GSA region with six promising business lines. We have a unique set of business lines, activities, and products in the German-speaking banking and investment sector. The resulting market potential that can be achieved has caused an enormous valuation gap with regard to the existing haircut for banking stocks. Equity Story
Four good reasons for investingin Baader Bank shares.
July 2020 | Add Value for Investors
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4. Why to invest
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Equity Story – Add Value for Investors … 4 good Reasons
As one of the most innovative banks we are prepared for the securities and banking business of the future. We have been searching for the best solutions for our clients ever since the start of the technological transformation within the banking industry. We use our development network to connect new markets and implement new products, develop new processes and thus facilitate new business potential for our clients and for ourselves. We have been instrumental in shaping the changes in the financial sector, e.g. in developing fintechs in the GSA region, as a banking and technology partner, and our expertise enables us to benefit from further developments in these markets.
Equity StoryFour good reasons for investingin Baader Bank shares.
July 2020 | Add Value for Investors
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4. Why to invest
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Equity Story – Add Value for Investors … 4 good Reasons
We offer an attractive dividend policy. Since it was founded as a joint-stock company, Baader Bank has maintained a distribution rate of 25% of the consolidated earnings allocated to the company’s shareholders.
Equity StoryFour good reasons for investingin Baader Bank shares.
July 2020 | Add Value for Investors
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4. Why to invest
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Development of the Share Prices 01|2018 – 10|2019 of Baader Bank and its Peers%
July 2020 | Add Value for Investors
Contact
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Your IR Contact Persons at Baader BankNico Baader Florian E. SchopfCEO Managing Director, Head of Group Strategy & Communication
Company Spokesperson
Baader Bank Aktiengesellschaft Baader Bank AktiengesellschaftWeihenstephaner Strasse 4 Weihenstephaner Strasse 485716 Unterschleissheim 85716 UnterschleissheimGermany Germany
T +49 89 5150 1042 T +49 89 5150 1013M +49 160 718 88 26
E [email protected] E [email protected]
www.baaderbank.de www.baaderbank.de
July 2020 | Add Value for Investors
www.baaderbank.de
DisclaimerThis document was prepared by Baader Bank AG solely for informational purposes. Any other use or any reproduction of the Document or the information contained therein is not permitted. This document is to be understood as incomplete, without reference to, and should be viewed only in conjunction with the oral briefing by Baader Bank AG.The information set forth in this document has been diligently compiled by Baader Bank AG and is partially based on publicly available sources and data supplied by third parties believed to be reliable. Baader Bank AG does not warrant the accuracy or completeness of such information. The information does not constitute investment advice, an investment recommendation, an invitation to submit an offer for any financial instruments. This document is not an investment recommendation pursuant to Art. 20 of Regulation (EU) No 596/2014 of 16 April 2014 and the Commission Delegated Regulation 106/958 of 9 March 2016 and consequently does not meet all legal requirements to ensure the independence of investment recommendations and is also not subject to the ban on trading in connection with the publication of investment recommendations.By providing this information, the recipient thereof does neither become a customer of Baader Bank AG nor do any obligations of Baader Bank AG towards the recipient arise in connection therewith, in particular no agreement for the provision of information is entered into between Baader Bank AG and the recipient of this information.Any information contained in this document reflects the level of knowledge of Baader Bank AG as of this document’s printing date and is subject to change. Baader is not obliged to update or keep current the information contained in this document. The information as stipulated in this document is neither intended to constitute nor to substitute any legal or tax advice. Information on the treatment of conflicts of interest at Baader Bank AG are accessible under http://www.baaderbank.de/Customer_service/Legal_Documents_Baader_Bank.Neither Baader Bank AG nor any of its affiliates nor directors or employees of Baader Bank AG and its affiliates shall be liable for any loss or damage, cost or expense whatsoever, direct or indirect, arising from any access to or use of the Presentation or the information therein to the extent legally permissible.Transmission or reproduction of this document without prior written consent from Baader Bank AG is not permitted. This document may include links to third-party websites or provide references thereto. Third-party websites are not under the control of Baader Bank AG. Baader Bank AG does not assume any responsibility for the content of third-party websites or any further link in such third-party websites.Copyright © 2020: Published by Baader Bank Aktiengesellschaft, Weihenstephaner Strasse 4, 85716 Unterschleissheim, Germany.Baader Bank AG is a stock corporation (Aktiengesellschaft) organized under the laws of the Federal Republic of Germany with its principal place of business in Unterschleissheim. It is registered with the District Court (Amtsgericht) in Munich under No. HRB 121537 and supervised by the German Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin), Marie-Curie-Strasse 24-28, 60439 Frankfurt am Main and Graurheindorfer Strasse 108, 53117 Bonn. The value added tax identification number of Baader Bank AG is DE 114123893. The Chairman of the Supervisory Board is Dr. Horst Schiessl. The members of the Management Board are Nico Baader (Chairman), Dieter Brichmann (Deputy Chairman), and Oliver Riedel.For further information on Baader Bank AG, please refer to its website www.baaderbank.de. If you have any questions concerning this publication, please contact us by phone: +49 89 5150 0 or fax: +49 89 5150 1111.
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